Net-a-Porter merges with Italian e-tailer
Richemont announced Tuesday that it will merge its online-only luxury marketplace Net-a-Porter, which sells fine jewelry along with clothes and accessories, with Yoox.
Pac Team opens first US factory
Located in Chicago, the Swiss company’s new facility will help its North American customers with a need for custom projects and on-site support as well as those working on short timelines.
Sales tax fairness resurfaces in Senate
After being passed by the Senate in 2013 but stumbling in the House, a bill designed to force online-only retailers to collect sales tax in every state is back.
Assets of jewelry distributor to be sold
A sale is set for equipment and other assets from defunct jewelry company Lia Sophia’s Ontario distribution center as well its headquarters and facility in Illinois.